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MBA Jobs & Salary: Latest Trends

October 15, 2013, 12:07 am
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The report is a must-read for everyone with an interest in MBAs. A few points of particular interest are outlined below and quoted directly from the report itself:

• MBA salaries have continued to increase substantially*.

• 14% growth in global MBA hiring in 2013.

• Fastest-growing sectors: Consulting, Finance, General industry, Technology.

• Employers continue to seek more experienced MBA candidates, preferably with international experience, combined with strong interpersonal and soft skills.

• 67% of MBA employers seek international study experience.

• William Platt, a partner in charge of MBA recruiting at BCG observes: “For the last decade, we have increased MBA hiring globally. In general we hire from the top European and US business schools and we are looking to hire from more European schools as they attract better and better people from around the world.”


* The EDHEC Global MBA class of 2012 reached a post-graduation average salary of $96,000, with a good variety of positions. Read the EDHEC Global MBA placement report.

Read the full report.

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MBA Careers Events at EDHEC

October 15, 2013, 12:12 am
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“Even if you are not applying to Leadership Program deadlines, October is a great month to start focusing in on the companies and roles that you would like to target. Looking at current offers, researching potential employers, updating on the job market and networking with alumni and contacts takes time so it’s best to start now” says Sandra Richez, EDHEC Global MBA Career Services Manager.

Every day last week had a career event. The week started with a live session via web with Johnson & Johnson's main virtual career event: International Leadership Development Program. SEO London was also on-line live from London: SEO career and intern opportunities and session on Personal Impact. The week included two One Day events : “WOMEN” at Bain & Company, and RWE in-house Consulting. More international careers online events are planned with BP, Nestlé, Cargill, Shell and Dupont in the months to come.


There is also a series of workshops and webinars hosted through October in partnership with Evisors Webinars:
• Working at Rocket Internet
• Frugal Innovation: Emerging Markets
• Resumes Done Write
• The Perfect Job Seeker
• Drawing your Career Roadmap
• How Recruiters make Emotional Decisions

The careers service also made employment research and intelligence available to the class: Top Socially Responsible Firms to Work For and the new MBA Jobs & Salary Trends Report 2013/14 from QS TopMBA.

Throughout the week job and internship opportunities from companies such as Amazon, Gameloft and Deloitte were sent directly to the EDHEC Global MBA participants who were also encouraged to set up alerts from online recruitment resources including MBA Exchange and Manageurs.com – the elite French “Grande Ecoles” network of job offers.

Find out more about CareerSMART
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EDHEC-Risk Institute Welcomes Distinguished New Members to International Advisory Board

October 15, 2013, 12:17 am
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The new members are:

• Adriaan Ryder
Chief Investment Officer, QIC, Australia

• Tokihiko Shimizu
Director General, Research Department and Investment Policy Actuary, Government Pension Investment Fund (GPIF), Japan

The role of the international advisory board is to validate the relevance and goals of the research programme proposals presented by the centre’s management and to evaluate research outcomes with respect to their potential impact on industry practices. The members of the board also advise on the objectives and contents of projects deriving from the expertise of the research centre, thereby ensuring that graduate and executive programmes remain at the forefront of developments in the marketplace.

** EDHEC-Risk Institute

Since 2001, EDHEC Business School has been pursuing an ambitious policy in terms of international research. This policy, known as “Research for Business”, aims to make EDHEC an academic institution of reference for the industry in a small number of areas in which the school has reached critical mass in terms of expertise and research results. Among these areas, asset and risk management have occupied privileged positions, leading to the creation in 2001 of a major research facility: EDHEC-Risk Institute. This institute now boasts a team of 90 permanent professors, engineers and support staff, as well as 48 research associates from the financial industry and affiliate professors.

EDHEC-Risk Institute is located on campuses in Singapore, (which was established at the invitation of the Monetary Authority of Singapore (MAS); the City of London in the UK; Nice and Paris in France; and New York in the US.

For more information...

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Bob Shiller’s Nobel: Finance IS a Force for Good!

October 17, 2013, 3:00 pm
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 I (Professor Shlomo Maital) was privileged to be asked by the head of Princeton University Press to review and critique Shiller's new book.  I loved the book, because I saw it met a major need -- motivating young people to remain, or enter, finance, at a time when many were migrating out of it.  
   
"Contributions to our understanding of asset pricing...."  Those laconic words don’t begin to do justice to Bob’s contributions.  He was among the few lone voices who warned that America was in a housing bubble, that would soon burst.  He knew this, because he had developed a reliable, accurate measure of housing prices, the Case Shiller Index,  that is widely used.   Earlier he warned that the stock market was in a buble, in his 2000 best-seller Irrational Exuberance (the dot com bubble burst in March 2000). 

I encounter many MBA students (some here at EDHEC) who are fascinated by the world of finance, but who are pondering whether to remain in the field, because of the downsizing and layoffs in finance, and because finance was given a bad name after the 2008-12 financial crisis, owing to a handful of scoundrels.  I urge them to remain in finance, and to innovate and reform the industry, and reinvent it.  And I always recommend that they read Shiller’s new book, Finance and the Good Society (Princeotn U. Press, 2012).  

Here is how Shiller frames his pitch:
“… finance should not be viewed as inherently or exclusively elitist--separating people into different income groups, or as an engine of economic injustice. Finance, despite its flaws and excesses, is a force that can help us create a better, more prosperous, and yes more equal society.    In fact, finance has been central to the rise of prosperous market democracies and is unimaginable without them.  Beyond headlines incriminating bankers and financiers as self-aggrandizing perpetrators of economic dislocation and suffering, finance remains an essential social institution, necessary for managing the risks that enable society to transform creative impulses into vital products and services, from improved surgical protocols to advanced manufacturing technologies to sophisticated scientific research enterprises to entire public welfare systems.  The connection between Wall Street and Main Street is as fundamental for society as is the connection between the brain and the nervous system in the human body.” 

Finance specialists:  Stay the course!  Innovate, create, seek blue oceans.  Finance needs you,  Nobel Laureate Shiller says,  and I strongly agree. 
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EDHEC Global MBA Careers: When Coach Rhymes with Dream-Catcher

October 22, 2013, 6:43 am
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While coaching has only recently started to appear in the MBA world, EDHEC had already set itself aside as an early adopter. Its finely-tuned coaching programme has been perfected over the years, to form a unique experience for its MBA participants.

“Personal development, enhancing potential, developing talents … it’s all at the heart of the EDHEC Global MBA” comments Dr Emmanuel Metais, the programme director. “This year we’ve taken things further and expanded the team of careers coaches by adding three new specialists. Together with the personal and team coaching sessions already in place, this year’s MBA participants will be able to benefit from the expertise of professional counselors in Finance, Career transition, Consulting, Entrepreneurship, Social Media, Technology and MBA Leadership Development Programmes.”

The human size of the EDHEC Global MBA allows far more personal attention than many other MBA programmes. With a mix of coaching workshops and one-on-one sessions, participants are sure to maximize their talents, work on their weaknesses and become as desirable as possible on the job-market.

EDHEC Global MBA has thus put in place a team of 8 specialized coaches with exemplary profiles, ready to accompany the MBA participants on the journey to their dream career. Depending on his/her career objectives, each MBA participant is assigned a coach that will individually train and guide him/her all along the programme.


• Patrick Fearon
Generalist with expertise in financial careers and career transition

Patrick Fearon is Owner at Corporate Coaching and Consultancy Limited and an accomplished executive coach to high level professionals across Europe. He has managing director level experience in executive search at Russell Reynolds and TASA/TMP Executive Search in Hong Kong, Singapore and Japan. His significant experience at JPMorgan in London, Paris, Brussels and New York, and at Sogemin LME Brokerage give him expertise in coaching finance professionals from diverse backgrounds. Patrick has been coaching EDHEC Global MBA participants successfully for over seven years.
uk.linkedin.com/pub/patrick-fearon/1/1a3/889


• Deirdre Spencer – NEW
Generalist with expertise in career transition

Deirdre Spenser has a reputation across top European business schools for delivering outstanding workshops and coaching MBA participants to achieve their goals, drawing on 10 years’ experience with DBM, the world's largest career transition company, working with CEOs downwards to remarket themselves. Poacher turned gamekeeper with extensive experience of recruiting for GE, one of the world's most successful companies. She led Pan European recruiting initiatives to source high performing talent for GE's Audit Staff, a leadership programme which produced 40% of GE's future leaders. Specialities: Management development, career management from CEOs downwards, interview skills - reputation for toughest interviewer in Europe for GE and DBM in London.
uk.linkedin.com/pub/deirdre-spencer/1/266/121


• Gwen Monnot – NEW
Generalist with expertise in career transition

With over 15 years’ experience in outplacement firms, of which the last 12 years for Right Management, Gwendolyn is specialized in skills assessments, outplacement and coaching of managers in their career transition. She is also a visiting coach at INSEAD Business School for MBA participants. She conducts intercultural trainings and coaching sessions for Fortune 500 executives and their families settling down in France or about to be sent on assignment abroad. Her academic credentials include her MBA from Thunderbird and a BA from Smith College. Her coaching credentials include her MBTI and Birkman certifications, as well as her coaching training with Mozaik International in Paris. She is an NLP practitioner and an active member of ICF international, and the women's organizations EPWN and AAWE. Born of a Dutch mother and Belgo -American father, she grew up, studied and worked in the US and France and spent 2 years in Asia where she studied Mandarin Chinese
fr.linkedin.com/in/gmonnot


• Tony Restell
Generalist with expertise in Consulting Careers and Social Media

Consulting Careers Coach, Tony Restell is a former strategy consultant and founder of the consulting careers website Top-Consultant.com. Working with recruiters from most of the world’s leading consulting brands, he’s a recognised speaker and author on all matters consulting recruitment related. He’s also a social media expert and founder of Social-Hire.com. Tony has a passion for helping candidates in their job search and seeing people fulfill their career ambitions. He endeavours to share advice and resources that will really make a difference in job search or recruiting activities. He was one of the early entrepreneurs to develop niche job boards back in 2000 (in the management consulting and IT consulting sectors). His newest venture helps executive candidates and recruiters meet one another via social networking - with speed and discretion being top priorities. His background means he’s regularly asked to help recruiters refine their recruiting strategies too. Tony was formerly Senior Consultant at Roland Berger, and he facilitates the Ace your Case Study Interview webinar.

uk.linkedin.com/in/tonyrestell

• Edgardo Da Fonseca
Expertise in Entrepreneurial Careers

Edgardo da Fonseca has more than 25 years of experience in the computer and telecom
industry and is a true serial entrepreneur. A highlight success story was with Ascend Communication, based in the Silicon Valley. Edgardo developed significant cross-fertilization exchanges, swapping skills and sharing best practices with geographically distributed teams between the Silicon Valley and Sophia Antipolis. Another recent startup venture that he founded in 2003 was Daclem Solutions. Here starting from scratch, Edgardo grew the company organically and through the acquisition and integration of four companies. He sold it in 2010. He has been working with Vaelsys since 2010. As one of the three investors, he lends his expertise in the areas of building and growing international teams. Edgardo is the founding President of Sophia Business Angels, a private investors club where he made several early stage investments in European and American companies. He is also Board Member of the Club des Dirigeants de Sophia-Antipolis. He has invested in funds such as lnnovation Europe, Croissance Europe and Succss Europe. Edgardo speaks 5 languages and has dual nationality Argentinean & French.
fr.linkedin.com/pub/edgardo-da-fonseca/0/19/47a


• Sandy Khan
Generalist with expertise in MBA Leadership Development Programs

Sandy Khan has almost two decades of hiring experience in the MBA hiring space. Having developed the first MBA programme for Google EMEA where she launched successful and innovative recruitment initiatives and events for MBA students and alumni, Sandy is well-positioned to serve the global market as a world-class expert in outreaching & recruiting management talent. She has worked closely with Career Services Directors at leading US, European and Asian business schools to increase career opportunities for their graduates; concurrently, she offers consultancy services to corporations of all sizes and across regions to improve their access to MBA talent and a lot more.
uk.linkedin.com/in/sandykhan


• Katerina Iliadis- NEW
Generalist with expertise in technology careers

Works with executives and senior managers to help them change and increase efficiency, productivity, and job satisfaction. Facilitates team work, delivers and facilitates workshops; delivers trainings. Works in English, French, German, and Greek. Is experienced in major airline and travel IT projects with large international organisations. Is an expert in IT product marketing with solid project management skills. Has extensive experience in mobile IT. Has ability to cover all areas from understanding customer needs, supporting sales to ensuring delivery of excellent products and service. Has very high intercultural awareness with strong professional and personal international background. Builds effective relationships with people from other nations. Has strong listening, communication, and analytical skills. Is a positive and reflective personality with a strong spine. Invests in personal development, driven by her genuine interest in better understanding human behaviour. fr.linkedin.com/pub/katerina-iliadis/0/690/a88


• Gabriella Colombo
Generalist with expertise in technology careers

Italian Gabriella Colombo is passionate about personal development, education and knowledge management. More than 25 years of working experience in international and corporate environment (IBM), successful management of projects in HR, education, diversity management, customer support. Pragmatic, efficient, creative, flexible, can move at all organizational levels with excellent interpersonal and analytical skills. PhD obtained in 2012 in "Strategy, Program and Project Management" at Skema Business School. Research field is in knowledge management and knowledge capitalisation and more specifically in intergenerational knowledge transfer. Gabriella is a Certified Project Management Professional (PMP), and Prince2 practitioner, acting as a volunteer in the PMI France-Sud Network and active member of other associations such as Femmes3000 and European Professional Womens' Network. MBA obtained in 2002 with highest honours at the CERAM Business School in Sophia-Antipolis. Gabriella is a certified coach and master practitioner in NLP, Ericsonian Hypnosis, Neurosemantic and Reiki. She is also a professional coach and programme facilitator for executive level offerings within Europe and works with global expertise management on a worldwide level for definition of holistic programmes for competencies and skills development.
fr.linkedin.com/in/gabriellacolombo


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MBA Ranking: The ECONOMIST

November 13, 2013, 3:00 pm
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In 2013, EDHEC ranks 62 worldwide. With an average rank of 54 over the last four years, the EDHEC Global MBA maintains its position of the 3rd best MBA in France and 20th in Europe. With an average rank of 54 over the last four years, the EDHEC Global MBA maintains its position of the 3rd best MBA in France and ranks 62 worldwide.

Progression has been made once again in the quality of the career services provided to MBA participants thanks to EDHEC’s unique CareerSMART programme. The student assessment of the careers services is N°1 in France and the number of jobs found through the careers service is N°2 with 76%. 88% of graduates found work 3 months after graduation which makes EDHEC 43rd in the world for placement results. Note that last year, with 90% in jobs 3 months after graduation, EDHEC was in 26th position worldwide.

Percentage salary increase post MBA is N°2 in France with an impressive 97%, putting EDHEC in 21st position worldwide with a starting salary of €71 564 ( $96 000 ).

EDHEC leapt 46 places to rank 53rd in the world for Education Experience, making it N°2 in France. This proves that EDHEC is making the necessary adjustments according to student feedback to improve the programme all-round.

A general increase in the quality of students was noted overall with a jump of 11 places and the EDHEC Global MBA also ranks N°1 in France for several factors relating to the class profile:

 N°1 for International diversity – 8th Worldwide

·         N°1 for average age (32 years old)

·         N°1 for average number of years work experience (8 years)

Finally, the student assessment of facilities is also N°1 in France which assures students of the perfect working environment during their 10 month programme.

It is important to remember that rankings are a just snapshot of how a school performs at a given time and should not be used as the be-all and end-all when selecting a school. A more useful way to use the rankings would to be to study the general trend of a school over a number of years.

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Entrepreneurs: the Middle East opportunity

November 14, 2013, 2:00 am
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Over 60 coaches, business angels, venture capitalists and entrepreneurs from around the world recently attended the International Venture Academy held in Sophia Antipolis, not far from the EDHEC Global MBACampus in Nice.

Representatives from Canada, Denmark, France, Germany, Greece, Ireland, Italy, Kenya, Lebanon, Morocco, Portugal, Spain, Saudi Arabia, Tunisia, UK and US listened attentively to keynote addresses on global expansion by the former Chairman & CEO of Fujitsu Services, who gave the entrepreneurs and investors present insight into how the corporate side regards the purchase of start-ups and how entrepreneurs should take the corporate viewpoint into account when deciding on their best exit strategies. After the keynotes, a round of pitches and coaching by angel investors to end the afternoon with awards for most investable, best presentation, and most improved.

EDHEC MBA has been a long-standing partner of Sophia Business Angels, which will celebrate its 10th Anniversary this year. SBA has an impressive track record of over 50 successful investments and over 500 jobs created in new ventures. The event had a specific focus on the Mediterranean region and this  added to the excitement of new ventures and the incredible energy of entrepreneurs and investors from 16 countries.

Following the event, Riyadh Alzamil, Chairman of Raz Group Saudi Arabia, who was at the International Venture Academy then came to the EDHEC Global MBA campus for an informal discussion with a small group of MBA participants from five continents who are interested in angel investing, entrepreneurship and business in Saudi Arabia and the Middle East. Riyadh was inspiring in explaining his unique concept of Solidarity Investment and the importance of risk taking and empowerment.

He introduced Nora Okail, General Manager of Squares, one of the successful female entrepreneurs whom the Raz Group launched into the events management business. Raz Holding Group has empowered entrepreneurs in diversified fields such as business services, manufacturing, logistics, e-commerce, medical, catering, contracting and more. In addition to being Raz Group Chairman, Riyadh is an active participant in the emerging entrepreneurship ecosystem in Saudi Arabia. He is a frequent speaker/lecturer in all major events, seminars and conferences related to entrepreneurship. He is Member of the Board of Trustees of the Riyadh Centre for SME development at the Chamber of Commerce and a Board Member of 13 different social organizations and joint stock companies.
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Which MBA scholarship is for you?

November 14, 2013, 2:19 am
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GMAT related scholarships provide the best financial assistance (up to 60% off tuition fees) but did you know that even if you have not yet taken your GMAT, you could qualify for a 1st Nationality Scholarship in the meantime?

You can apply for the EDHEC Global MBA without a GMAT score and secure a 20% 1st Nationality Scholarship (many remain unclaimed to date) while preparing the GMAT. If your GMAT score then permits, your scholarship will then be upgraded accordingly. The same policy is true if you already have a GMAT score in hand as you can retake until you are satisfied with your final score and your scholarship can be upgraded accordingly.

Why not have your profile evaluated by the EDHEC MBA Admissions Team in order to have your scholarship confirmed for the January or September intake?

•    1st Nationality scholarship
20% off tuition fees. Granted to the first three candidates of each nationality.
 
•    GMAT 700 or over
60%  off tuition fees

•    GMAT between 650-690
40% off tuition fees

•    GMAT between 600-640
25% off tuition fees
 
•    Other scholarships...

As some nationalities are quickly represented in the EDHEC Global MBA, candidates seeking the 1st Nationality Scholarship are advised to apply early. 
Scholarships cannot be accumulated with the exception of the Early Enrolment reduction of an extra 5% off remaining fees.
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Post-MBA Career Success: recent alumni in Finance and Consulting share their tips

November 25, 2013, 2:30 am
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Sheena Strawter-Anthony, also from the class of 2012, was online too, this time from New York. Sheena shared extremely valuable tips on networking with a group of EDHEC Global MBA participants after telling her story of how through face-to-face networking in countless events, coffee chats and phone calls she was able to connect to a rich network of finance professionals and associations. Sharing the international nature of her MBA at EDHEC, Sheena found a wealth of common interest areas with the well-travelled professionals of Wall Street. Through her networking she not only formed a mentorship, but her mentor eventually connected her to her next job in London at Goldman Sachs.

Among Sheena's most valuable tips:
• Networking is about sharing, learning from one another first and foremost, good follow-up and ongoing investment make it effective

• Remember that nothing beats face to face networking and getting on the phone – a lot of the people you want to network with are from generations who prefer this to social media - everyone prefers a personal approach, it really makes a difference!

• Reach out to professional and MBA associations in the place where you want to work, they often provide student discounts to events

• Take a working holiday during your MBA to attend professional association events being held in Europe or elsewhere


Jeremy Briat, from the EDHEC Global MBA class of 2012 was recently online for an EDHEC Global MBA Alumni Spotlight to share his experience at a Top-4 Worldwide Strategy Consulting Firm in London. Jeremy, who made a significant career change, moving from mechanical engineer in the oil and gas sector to Associate Consultant in the UK just after his MBA, gave valuable tips on the key skills, attitudes and requirements of strategy consultants in general. He set the bar high for the top students who may be considering a career in this challenging field. He gave important references for preparing applications, case study interviews (many hours to be spent) and especially helped current MBA participants gain realistic and insightful knowledge about the high-powered, high-impact and highly demanding life of a strategy consultant.

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MBA participants from BCG, E&Y and Cap Gemini Kick off New EDHEC MBA Consulting Club

November 25, 2013, 2:32 am
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Want to be a consultant? Do you have what it takes to work for one of the big firms? Preparing for life as a consultant can often be as simple as understanding the job and learning how to beat the case interview. It is with this goal that students of the EDHEC MBA have formed the EDHEC consulting club. Jayanth Jayakumar (28, India), the club’s co-founder says“The main objective of the group is to help our members understand the current market trends and give them the much needed practice to ace the case study interviews. Most students aspire to become consultants without understanding the life style and commitment that one has to put forward as a consultant. This club will help them understand all the finer aspects of the job and will also help them prepare.”


The club consists of students from 14 different countries who are all committed to starting a career in consulting, those with previous consulting experience, and those who would like to learn more. The club officially kicked off with and introductory presentation by fellow MBA participant Tetsuya Takigawa (34, Japan), a member of the club who spent the previous eight years working for the Boston Consulting Group (BCG) in Japan. He shared his unique perspective to help member’s gain a united understanding of the industry. Chris Shailos (38, UK/Cyprus) another MBA participant and club member who spent 7 years consulting in Europe with Ernst & Young and Cap Gemini, also added perspective from his experiences.

“It’s great to have members from various experience levels. Where one is weak, another is strong. It is a great mixture of talent and perspective,” says the club’s president and co-founder, Dennison Harris, (35, USA) “We hope to continually meet the goals of our cohorts so that our club can share sustainable growth. This should be a great tool for current and future EDHEC MBA students to reach their occupational goals.”
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MBA Career Opportunities: Amadeus on campus

November 25, 2013, 2:37 am
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Mr. Chris Dolphin, Associate Director, Global Customer Services presented an ‘Introduction to Amadeus to help students understand the company’s market position and how they change the future of travel. During his 45 minute presentation, Mr. Dolphin explained the history of the company, the vision they were pursuing and their target industry segments for the future.

EDHEC Global MBA participants Jinghua Chen (China) and Kemi Awobiyi (Nigeria), asked Mr. Dolphin about the company’s growth plans for China and Africa respectively. While Mr. Dolphin and his team quoted that they had already initiated their operations in those zones, they also shared with the students the fact that Amadeus is present in 190+ countries worldwide and holds over 25% of the global business. The presentation also shared details on the opportunities and how the culture at Amadeus is built on innovation, professional training and responsibility. The participants were told about how and why Amadeus accommodates risks that arise while taking new initiatives.

The EDHEC alumni who were a part of the visiting group then shared their experiences of working with the company, their aspirations, growth and insights. They also answered numerous questions including the prerequisites for a position, culture at Amadeus, education and growth opportunities. The HR personnel from the company quoted the very low attrition rate at Amadeus and how they invest in training and mentoring programs.

The presentation was followed by a cocktail session during which the MBA students were able to meet the executives and get more information on a personal level. With over 60 different nationalities working in their organization and given their global presence, Amadeus presents lucrative global career opportunities for the MBA students coming from 35 different countries.


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Two Days of Personalized Career Coaching for EDHEC Global MBA Students

November 25, 2013, 5:28 am
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The workshop on Finance careers and career transition was conducted by Patrick Fearon who has been coaching MBA students at EDHEC for 7 years now. He is the owner of Corporate Coaching and Consultancy Limited and an accomplished executive coach to high level professionals across Europe. Tony Restell, a former strategy consultant and founder of the consulting careers website Top-Consultant.com, conducted a workshop on Consulting Careers. Aspiring consultants from among the current MBA students learnt about best practices in applying for a consulting career. Edgardo Da Fonseca, a serial entrepreneur, inspired all MBA entrepreneurs through his workshop on Entrepreneurial Careers. He gave them the much needed insights on Angel investors and VC funding.


Sandy Khan with over two decades of MBA hiring experience helped students understand the way recruiters think and how recruitment processes really work. Dierdre Spencer, who has a vast experience of working with CXO level professionals in firms like GE and DBM, conducted the workshop on Networking. Students benefitted from her input on best practices and on connecting with people who are in senior positions. It was the turn of the students to do some research and exchange guidance during the CV clinic workshop. With an outplacement background, Gwen Monnot proved to be a valuable mentor as students worked on improving their CVs using peer evaluation and feedback. The coaching sessions concluded with a workshop on Technology Careers. Katerina Iliadis, an expert in IT product marketing, helped the students understand recent industry trends and understand the various opportunities available to them in the technology sector.


“I am happy that this MBA program is also helping me question, understand and develop my character. Unlike most MBA programs where the emphasis is purely on academics, the CareerSMART workshops are proof that the EDHEC MBA helps me achieve holistic growth”, says Mr. Ray Corbett (36, Ireland).


Mr. Nikolay Markhov (32, Russia) says “The coaches brought very valuable practical experience to the coaching sessions and workshops. I found their experience and insights very valuable and helped me gain more knowledge from my coach. My motivation levels have reached a new level and I now know that my coach is always available to me for guidance and to evaluate my choices.”

Ms. Hasina Ratsaravolana (33, Madagascar) feels that the workshops and coaching helped complete her understanding about herself and her career aspirations. “The clarity that my coach helped me gain has given me new found direction and energy. I now know to prepare a better resume and new methods to approach career opportunities”, says Hasina who is eagerly looking forward to her next CareerSMART coaching sessions.


Sandra Richez, EDHEC Global MBA Career Services Manager, considers this part of the CareerSMART programme to be the most vital resource to EDHEC Global MBA students, “As one of the world’s most diverse and experienced MBA programs, these two days represent the beginning of our highly personalized approach to career guidance. Each student can have up to three individual coaching meetings in the beginning, middle and end of their course. I select our coaches for their international experience and sound knowledge of both personal development and the job market.”

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Doing Business in Greater Nice - Roundtable in partnership with Nice Metropole and EDHEC Business School Global MBA

November 25, 2013, 5:32 am
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The roundtable discussion revolved around some of the advantages, but also stereotypes and challenges associated with doing business here. Established executives in the region Nicolas Cappelaere, Chairman and CEO of Ineldea Laboratories and Michel Garaudet, CFO of Virbac, one of the world's leading animal pharmaceutical / care products, were on hand to share about their careers and their choice of developing their international businesses from a Nice-headquartered company. They agreed that access to highly skilled talent, great infrastructure and a major international airport all in a relatively close-knit network were some of the important advantages of doing business in the region. Both observed that regulations and administration are an integral part of business life both here and abroad. This trend is likely to be accentuated elsewhere as economies mature across the globe and face increased competition.


EDHEC Global MBA Alumni also shared their points of view. Kris Barcewicz, a Polish graduate who is Operations Program Manager at Nvidia, leading US computer graphics firm with local offices here, explained his appreciation of the region's excellent healthcare, infrastructure and expertise as key factors. Christophe Ancolio, a French alumni and Co-Founder of a successful venture called PlayAdz in the region, focused more on the entrepreneurial culture here, and gave sound advice to those seeking to set up a business - focus on getting your first clients and the rest will come naturally. Bashir Kazour, a Canadian-Lebanese graduate of EDHEC Global MBA is in pre-start up phase of his venture and has recently joined the Nice Metropole incubator. He described some of the hurdles for foreign nationals looking to set up businesses here, while Justin Highman, in charge of Inward Investment Business Development for Nice Metropole reassured that his offices provide personalised support services for investors in the region.


All agreed that beyond business, the Greater Nice Area enjoys some of the greatest weather, sport, outdoor, and cultural activities available - establishing it as Europe's preeminent business sun belt, and a prime location for business creation, research, development or networking. The Metropole Nice Cote d'Azur slogan sums it up rather nicely - "Why choose between business and quality of life" when you can have both!



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EDHEC’s Global MBA gets high marks for gender equality in TopMBA survey

November 27, 2013, 6:30 am
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EDHEC’s Global MBA programme, which is taught entirely in English, received high praise from survey participants for its diverse student body, including a nearly equal number of men and women (45 percent women to 55 percent men). In compiling the survey results for the annual QS Global 200 Business Schools Report, TopMBA editors sought input from HR executives at companies that most often recruit MBAs.

EDHEC’s Global MBA programme is regarded as one of the most internationally diverse in the world, drawing participants from the Americas, Europe and Asia. The 10-month programme is based on EDHEC’s Nice campus on the beautiful Côte d’Azur, and is tailored for international managers who want to acquire new skills and expertise to boost their careers.

For more information, click here
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Choosing your MBA: The 10 DO’s and DON’Ts

December 5, 2013, 1:57 am
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1. DO consider the whole package when you choose your MBA. Your MBA is not just a series of back to back classes so DO look at the big picture. Remember that an MBA is usually one programme among many within a school so DO check if the foundation of the school is solid. If the school is well established and has a long history of producing quality graduates, the chances are that it will have a strong reputation among employers and solid corporate relations. DO check the quality and the dynamism of the alumni network.


2. DO use the schools accreditations and rankings to provide an indication of quality. The AMBA accreditation will guarantee that the quality of the MBA programme meets international standards while AACSB and Equis will prove the same for the business school itself. Only 59 schools in the world have this coveted triple crown of excellence so DO consider the added value of a triple accredited MBA in the eyes of a recruiter. DO remember that rankings are just a snapshot of the state of a school at one given time so DON’T use rankings as the sole choice of MBA. Remember it’s not because a school boasts a certain post MBA average salary that you will necessarily get the same. DO use the rankings to check the criteria you feel are important to you and DO check the school’s general evolution over a period of time.


3. DON’T underestimate the importance of research produced by the business school. Research contributes to a school’s international visibility and keeps professors at the leading edge of knowledge in their field.


4. DO ensure that the core curriculum covers your needs once you have established the strength of the school’s foundations. If the school has the AMBA accreditation, you know that the curriculum has been thoroughly audited, together with the quality of faculty to offer high standards. MBA programmes should all offer a blend of business courses such as Strategy, Finance and Marketing etc but DO remember that soft skills such as leadership and managerial competencies are an important part of any MBA curriculum and are dealt with in different ways. DO also check that the specialisations offered match your career goals.


5. While the core curriculum may show similarities in different schools DO check that there is a variety of learning methods. An MBA should not be a sit-back-and-take-notes course but a hands-on, discussion-based learning environment. DO ensure you change work group often and are not stuck in the same small team for the full year. Ensure that you have the opportunity to do group work a variety of fellow participants so DO choose an MBA with an experienced class profile so that you can learn from peers in group work. These same mature classmates will not only enrich your learning environment but provide better networking potential and form a stronger alumni network. In order to check that an MBA will expose you to the learning experience that you aspire to, DO talk to alumni and, if possible, DO visit the school and sit in the class for a couple of hours.


6. DO prefer an MBA whose faculty are not pure academics but ones who also give executive training courses in companies or who come from industry. This ensures a true understanding of what companies are seeking today.

7. DO make sure the careers service is specialised in MBA careers and that it does not just concentrate on first-time jobs for young candidates. A service offering specialised career coaching will of course provide an advantage.


8. As you will be in class most days, DO consider the quality of the campus, both in terms of location (is it really in that city or will it require a long trip on public transport?) and in terms of facilities (is it really a campus or just one classroom in an office block? ). DO make sure there are nearby amenities for the whole family at a price you can afford. If you have to spend a year far from home, the experience has to be as enjoyable as possible for everyone involved.


9. Once you have chosen your MBA and are lucky enough to be accepted, DO NOT be forced into making a hasty decision. An MBA is a big investment and so warning bells should ring if you are offered a seat then told that if you don’t accept within few days you will lose your place or scholarship. DO ask for clarity on scholarships as “You can get a scholarship” might just mean that you are eligible for consideration but without any promise.


10. DO make sure you get all the information before you make your final decision. The DOs and DON’Ts of choosing an MBA are endless and so is the choice of programme. It’s possible that the same highlight you found in one programme actually exists in another, but it’s up to you to ask the right questions. Finally, with a full understanding and good advice in hand, the next steps are yours to make: there is a time when you DO have to take the plunge yourself; but DON’T wait too long or you might get pushed in!


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EDHEC MBAs shared the privilege of experiencing South Africa

December 6, 2013, 6:18 am
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The MBA participants returned from a study trip to South Africa last week, which was undertaken in partnership with the University of Stellenbosch Business School in Capetown. The participants learned first-hand about South Africa ’s business environment and returned to campus with a new understanding of Mandela’s cherished spirit of Ubuntu.

“I think we were unusually privileged to visit the country just before this happened and see the real-world results of the changes Mandela and his counterparts brought about.”
Elizabeth De Hoff, EDHEC Global MBA 2014

This week-long study trip is the fruit of a long-term and valued relationship for EDHEC with USB in Capetown, organized by Johan Burger, who leads USB’s International Programs. The goal of the trip is to give participants an opportunity to understand South Africa’s unique social, economic, political, and business environment, as well as draw important lessons about doing business in emerging markets. Part of the BRICS group of countries Brazil, Russia, India, and China, which are home to many of the MBA participants – South Africa is the largest economy on the African continent, contributing to a quarter of the continent’s GDP.


The trip was composed of classroom-based lectures presented by USB professors and local experts, enhanced by real-case examples in a program of onsite company visits. Participants had the opportunity to gain insight from leading South African executives in firms like SABMiller, Vodaphone, Massmart, Capetown Stadium, and Backsberg winery. It also included time for Global MBA participants to gain a first-hand understanding of local culture and to better understand the social context of living, working and doing business in South Africa.


One of the highlights of the week was the focus on Social Entrepreneurship by Rhoda Kadalie, Executive Director of the Impumelelo Innovations Award Trust and Richard Lord, General Manager of Distell, and formerly Managing Director of Rothesay. These sessions were followed by an on-site visit to Fairhills Fairtrade Project and the Nyanga Township. This was an extraordinary chance for MBAs to see entrepreneurship in action as well as engage and share with local pupils at the Nyanga elementary school.


This was also the opportunity to visit some of the amazing sites Cape Town has to offer, including the emblematic Cape of Good Hope, the World Cup Stadium, and Robben Island, where Nelson Mandela was held in prison and launched his legendary path to freedom with the people of South Africa. The energy of “Ubuntu,” roughly translated “I am because we are,” prevails in South Africa and is a vital part of Mandela’s legacy. In just a short week, it transformed the MBA class, who both embody and embrace the diversity, multiculturalism and the spirit of inter-connectedness that defines South Africa.




CLASSROOM-BASED LECTURES
Economic Overview of South Africa: Past, Present & Future
Leadership & Change in South Africa
South Africa’s Political Arena: Issues and Challenges
Business Models in South Africa
Marketing Segmentation & Branding in South Africa
Social Entrepreneurship
Entrepreneurship and Innovation in Emerging Countries



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Industry Experts Mentor EDHEC Global MBA Participants

December 15, 2013, 3:00 pm
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In a manner typical of the way courses are taught at EDHEC Business School, this course also had students working on case studies under the mentorship of industry experts.

In a case study about BIC and the launch of their ‘Soleil’ product line, the class took part in group discussions and also had a direct interaction with Mr. Billy Salha from BIC who proactively led the launch of the Soleil series.

Mr. Salha addressed the 73 students in a video conference and helped them understand the various leadership and business lessons he learnt during the launch. He also answered several questions from the students.

“The interaction with Mr. Salha and the course have helped me understand more about various situations I will face as a business and people leader. This course will help me make better strategic decisions and innovations in the future”, says participant Ms. Bandana Nayak from India. 

Written by Jayanth KUMAR

 
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South Africa: Mandela’s Legacy for MBA Students

December 16, 2013, 5:03 am
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This week-long study trip is the fruit of a long-term and valued relationship between EDHEC and USB in Capetown. The goal of the trip is to give participants an opportunity to understand South Africa’s unique social, economic, political, and business environment, as well as draw important lessons on doing business in emerging markets. South Africa is the largest economy on the African continent, contributing to a quarter of the continent’s GDP and is part of the BRICS group of countries Brazil, Russia, India, and China, home to many of the MBA participants. Above all, South Africa is a country where a major political transition occurred over the past two decades thanks to Nelson Mandela. This transition is a source of inspiration for the whole world; as such, it is an invaluable source of learning for MBA students.

The trip, comprising classroom-based lectures by USB professors and local experts was enhanced by real-case examples of corresponding on-site company visits. Full programme.
Participants had the opportunity to gain insight from leading South African executives in firms like SABMiller, Vodafone, Massmart, Capetown Stadium, and Backsberg winery. It also included time for Global MBA participants to gain a first-hand understanding of local culture and to better understand the social context of living, working and doing business in South Africa.

One of the highlights of the week was the focus on Social Entrepreneurship by Rhoda Kadalie, Executive Director of the Impumelelo Innovations Award Trust and Richard Lord, General Manager of Distell, and formerly Managing Director of Rothesay. These sessions were followed by an on-site visit to Fairhills Fairtrade Project and the Nyanga Township. This was an extraordinary chance for MBAs to see entrepreneurship in action as well as engage and share with local pupils at the Nyanga elementary school.

This was also the opportunity to visit some of the amazing sites Cape Town has to offer, including the emblematic Cape of Good Hope, the World Cup Stadium, and Robben Island, where Nelson Mandela was held in prison and launched his legendary path to freedom with the people of South Africa. The energy of “Ubuntu,” prevails in South Africa and is a vital part of Mandela’s legacy.

Jane Niji, a South African EDHEC Global MBA participant was particularly enthusiastic about the trip, rediscovering her country from a different perspective.
“Cape Town trip was amazing and what a great experience!  It was an enriching experience that many will live to remember. For me it was interesting to see South Africa from a different perspective, through the eyes of my fellow class mates.  I felt proud of what South Africa had achieved in the last 20 years or so, and  how South Africa was an equal economically in many ways against the developed nations…but at the same time there was a sense that there is so much potential which is not yet realised…” 

The trip transformed the MBA class, who both embodies and embraces the diversity, multiculturalism and the spirit of inter-connectedness that defines South Africa.
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L'Oreal, Cap Gemini Consulting, Hays Executive for Global MBA Career Events on EDHEC Campus in Paris

January 23, 2014, 1:42 am
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The event involved company presentations, student and company pitch contests and networking with recruiters and MBA alumni. The current Global MBA participants met the representatives and heads of recruitment of these companies and explored career opportunities. The companies also had their eye out for talent that would fit their professional and cultural requirements.

Six companies pitched their worldwide opportunities to the MBA participants in 30 minute sessions as part of the company pitch contest, with Imerys carrying off the prize.

A student-pitch competition was run in parallel to allow the participants to practice their personal “elevator pitch”. The recruiters gave direct feedback and score based on the pitch's effectiveness including clarity, conciseness, relevance and impact. Mr. Jinghua Chen, Global MBA participant from China won the best pitch award in the student category.

The highlight of the day was an hour long panel discussion on the topic of “Global Workforce” moderated by Sandra Richez, EDHEC Global MBA Career Services Manager and Christophe Dulhoste of HAYS Executive, the event partner.

The corporate executives communicated to the MBA participants their approach to creating a global workforce for their company. Participants also shared their apprehensions and asked questions to understand if the concept itself was a marketing gimmick or a reality. The executives helped the students understand the efforts of the HR function to make the concept a reality and also told that the students should try to identify ways in which they can support the efforts of the HR team. “If you really want it, you will find a way to get it,” said Mr Geoffrey Burns, HR Director CC Global at Capgemini Consulting.
The event closed with a networking cocktail and informal interaction with recruiters and EDHEC alumni who offered guidance to the current participants.
“The event provided us with a priceless networking opportunity,” says Jayanth Jayakumar, a Global MBA participant from India. “We had exclusive access and opportunity to showcase ourselves to the recruiters from major companies. We also got valuable guidance and support from the companies.”

Recruitment Fair
The following day EDHEC Business School's main recruitment fair attracting over 110 firms was held at Espace Champerret in Paris. This fair allowed the MBA participants to network with and make contact with top notch firms which target EDHEC talent such as LVMH, BNP Paribas, Air Liquide, GSK, Dassault Systemes, Bollore, PWC, CapGemini Consulting, Henkel, P&G, Heineken and many more.

EDHEC : 5 campuses for a global ambition
The EDHEC Global MBA is dispensed on EDHEC Campus in Nice (French Riviera) .
EDHEC Business School has developed its international strategy by expanding its activities on five sites : two 'academic' campuses in LILLE and NICE complying with the highest international standards, consolidated by 3 executive campuses in PARIS, LONDON and SINGAPORE, dedicated to serving local business needs in recruitment, research and training.


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EDHEC Global MBA Participants from L’Oreal, P&G, Hermes, Unilever and Chanel, United in Marketing Club

February 6, 2014, 3:00 am
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The EDHEC MBA Marketing Club was launched under the name FRE.ED.oM, «Freethinking EDHEC Marketeers» and has up to 40 participants attending the weekly meetings.

The purpose of the Club is threefold:

o The thorough and more focused research on the field of Marketing and the facilitation of the communication among the members of EDHEC MBA Marketing Club.

o The invitation of Marketing Professionals and alumni to further connect the MBA students with businesses and offer career guidance to future marketeers

o The analysis of real marketing case studies with the intention of deepening the knowledge of MBA candidates on contemporary marketing techniques


The club interacts not only with MBA participants and alumni who share their experience from companies such as L’Oreal, P&G, Hermes, Chanel and Unilever, but also with students from EDHEC’s Masters and under-graduate programmes. It plans and implements its activities in collaboration with EDHEC Global Career Services and often with the other professional clubs on-campus.

“We foster creative thinking and we would be delighted to welcome on board new members.” explains Dimitrios, who left his Marketing role in L’Oreal in Greece to pursue his MBA. “Our Club welcomes MBA participants with Marketing backgrounds, those interested in switching to a Marketing career or just all those who are interested in Marketing.”

The FRE.ED.oM Facebook and LinkedIn group are created to foster communication among the members of the FRE.ED.oM Club and if you are in the process of applying to the EDHEC Global MBA or have already been accepted, please feel free to share your thoughts there.

FRE.ED.oM is just one of the three clubs that the EDHEC Global MBA participants have taken the initiative to set up with Consulting and Finance being the other two.


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